my home value is incorrect

Profile picture for slowfoodjunkie
My home value on Zillow is incorrect -- how can I fix that?
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February 08 - Clayton
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Answers (3)

Profile picture for NicholasRibeiro
Considering most markets are heading downward in pricing zillow zestimates can be high due to the time it takes zillow to update.
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February 08
Profile picture for slowfoodjunkie
My home is identical to many in our neighborhood, and in particular two others that sold within the last 60 days for $20-50K more than Zillow values ours, yet ours is on a better lot, backing to open space.  It should be a no-brainer for Zillow to figure this out from public records?
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Profile picture for wetdawgs
If the Zestimate is not close to your opinion of value, it appears you've taken the actions to make it as good as it gets.   Therefore, the next steps are to have an appraisal and/or CMA done, enter it into the section called "owner's comments" just below the Zestimate section on the home details page. 

You have a home with a lot of features that are not part of the Zestimate algorithm, so the phrase "Zestimate is a starting point for comparison of properties" is very relevant to situations like yours.   A Zestimate (or any other AVM) never substitutes for an appraisal. 
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February 08
 

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